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Technology

ECOBANK Ghana, Bolt sign partnership agreement

Erica Nana Arthur By Erica Nana Arthur Published February 27, 2023
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Ecobank Ghana and Bolt, have signed a partnership agreement to offer discounts to Ecobank customers who patronise Bolt services and pay with Ecobank cards.

Under this partnership, Bolt riders will enjoy a high 50% discount on their first ride and a 5% discount on subsequent rides for the next 3 months, provided the rider pays with an Ecobank debit or credit card. The partnership agreement was signed at a brief ceremony held at the Ecobank Head Office, in Accra.

Speaking at the signing ceremony, Dr Edward Botchway, Executive Director and Head of Consumer Banking at Ecobank Ghana said: “We are committed to providing our clients and the larger Ghanaian public with safe, convenient, reliable and accessible mode of payments. It is in this respect that we are entering into this partnership with Bolt to provide our customers with the right platform to facilitate payments for their intracity transportation rides on Bolt. The discounts on offer are intended to reduce the financial burden of our customers, as they commute daily from place to place”. Dr Botchway also intimated that Ecobank will continue to explore further avenues to bring great excitement to its customers, as they work to improve customer satisfaction and loyalty.  He urged all Ecobank cardholders to take advantage of the package on offer, since every ride they take enables them to make substantial savings.

On his part, Kwaku Ampadu-Manu, Country Manager, Bolt Business, expressed his optimism that riders will take advantage of this offer. He intimated that: “Not only will our riders have the possibility of cashless payments, but we are also offering cash incentives to them. Riders who are Ecobank customers will receive a 50% discount on their first trip paid for with their cards, as well as 5% off subsequent rides for the next three months. Also, our drivers will enjoy cashback bonuses when the riders pay with their Ecobank debit or credit cards. Presently, drivers receive GHS2 extra on each card ride they complete. The incentive offer from this partnership is, therefore, testament to the fact that, we at Bolt are constantly crafting innovative means to create more demand for their service in a bid to improve driver earnings on the platform”.

Present at the ceremony were senior officials of both Ecobank Ghana and Bolt Ghana.

About Ecobank Ghana

Ecobank Ghana Plc is a subsidiary of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 15,000 people and serves about 20 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. The Group has a banking licence in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates. The Group offers a full suite of banking products, services and solutions including and deposit accounts, loans, cash management, advisory, trade, securities, wealth, and asset management. Ecobank Transnational Incorporated is listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan.

For further information, please visit www.ecobank.com

About Bolt 

Bolt is the European super-app that has over 100 million customers in over 45 countries and over 500 cities across Europe and Africa. The company seeks to make cities for people, not cars, by accelerating the transition from owned cars to shared mobility, offering better alternatives for every use case, including ride-hailing, shared cars and scooters, and food and grocery delivery.

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